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Schaeffler AG Analyst and Investor Call Transcript
Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the Investor and Analyst Call of Schaeffler AG.
(Operator Instructions) The presentation will be followed by a question-and-answer session. (Operator Instructions) The presentation will be concluded under the legal disclaimer.
I would now like to turn the conference over to Schaeffler Group's CEO, Klaus Rosenfeld; and Group CFO, Claus Bauer. Please go ahead, gentlemen.
Thank you very much, operator. Ladies and gentlemen, welcome to our investor and analyst call today.
As you all know, we have launched this morning an announcement for a public tender offer to the shareholders of Vitesco that we would now like to describe in more detail to you. I'm here together with my CFO, and we will present and then leave hopefully enough time for your questions. I hope you can all see the presentation that we pre-distributed, and I will immediately jump into this. You have
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